Unrevealing the Role of Economics on Financial Performance and Future Perspectives

Abstract

The goals of the economics in the financial to highlight some major studies from across all economic fields wherein the grey systems theory could be applied in addition to opening and introduce new fields. Grey systems theory offers a unique type of number, the three-parameter interval grey numbers, a goal making methodology based on these numbers is proposed, with the premise that these numbers. Generally, decision-makers should consider commercial ethics and societal responsibility, as well as environmental management in particular. CEM seems to have a smaller influence on market based measurements than accounting based criteria is a good example. Another possible explanation for the observation is that market and accounting based measurements have various temporal horizons. Market economies are self-regulating systems governed by the laws of production and trade, according to classical economics' core theory. Some critics of management claim that planners place too much focus on ways to boost growth in the economy while neglecting the social consequences. Simple growth objectives have the disadvantage of not measuring the development in negative effects like noise, pollution and environmental degradation; instead, they reflect the costs of mitigating these problems as part of development itself.